Why is it necessary for accountants to assume that business entity will remain a going concern?
Why is it necessary for accountants to assume that business entity will remain a going concern?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
Problem 27GI
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Why is it necessary for accountants to assume that business entity will remain a going concern?
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